How the major US stock indexes fared Friday

The Standard & Poor's 500 index closed above 1,500 for the first time since the start of the Great Recession in 2007, lifted by strong earnings from Procter & Gamble and Starbucks. The Dow Jones industrial average and the Nasdaq also closed higher.

The Dow Jones industrial average rose 70.65 points, or 0.5 percent, to close at 13,895.98.